Deutsche Bank Appointed as Depositary Bank for the Sponsored American Depositary Receipt Program of Quhuo Limited

NEW YORK–(BUSINESS WIRE)–Deutsche Bank announced today its appointment as depositary bank for the Nasdaq-listed American Depositary Receipt program of Quhuo Limited.

Quhuo Limited (Nasdaq: QH), headquartered in Beijing, is a workforce operational solution platform which provides tech-enabled, end-to-end operational solutions to on-demand consumer service businesses in industries such as food delivery, ride-hailing, housekeeping and bike-sharing.*

“We are pleased to be appointed as depositary bank for Quhuo’s Nasdaq-listed Level III American Depositary Receipt program,” said Daniel Clark, Global Head of Depositary Receipts at Deutsche Bank. “Our broad range of customized services will be used to assist Quhuo in optimizing the visibility of its ADR program.”

In addition to specializing in administering cross-border equity structures such as New York Shares and American and Global Depositary Receipts, Deutsche Bank provides corporates, financial institutions, hedge funds and supranational agencies around the world with trustee, agency, escrow and related services. Deutsche Bank offers a very broad range of services for diverse products, from complex securitizations and project finance to syndicated loans, debt exchanges and restructurings.

* This information was provided by Quhuo Limited (July 2020).

Depositary Receipt Information
Country			China (Cayman Islands incorporated)
Custodian Bank			Deutsche Bank AG, Hong Kong Branch
Effective Date			July 9, 2020
Level III ADR
CUSIP			74841Q 100
ISIN			US74841Q1004
Symbol			QH
Exchange			Nasdaq
Current Ratio			1 ADS: 1 Class A ordinary share
Eligibility			DTC

Depositary Receipt Contacts
Head of Depositary Receipts		New Business Development
Daniel Clark		William Ng
Tel: +44 (0) 20 7541 6888		Tel: +852 2203 7889
www.adr.db.com		Markets Distribution
adr@db.com		London
		Tel: +44 (0) 20 7547 6500
gtb.db.com		New York
		Tel: +1 212 250 9100
		Hong Kong
		Tel: +852 2203 7854

Deutsche Bank provides commercial and investment banking, retail banking, transaction banking and asset and wealth management products and services to corporations, governments, institutional investors, small and medium-sized businesses, and private individuals. Deutsche Bank is Germany’s leading bank, with a strong position in Europe and a significant presence in the Americas and Asia Pacific.

The Depositary Receipts have been registered pursuant to the US Securities Act of 1933 (the “Act”). The investment or investment service which is the subject of this notice is not available to retail clients as defined by the UK Financial Conduct Authority. This notice has been approved and/or communicated by Deutsche Bank AG New York. The services described in this notice are provided by Deutsche Bank Trust Company Americas (Deutsche Bank) or by its subsidiaries and/or affiliates in accordance with appropriate local registration and regulation. Deutsche Bank is providing the attached notice strictly for information purposes and makes no claims or statement, nor does it warrant or in any way represent, as to the accuracy or completeness of the details contained herein or therein. This announcement appears as a matter of record only. Neither this announcement nor the information contained herein constitutes an offer or solicitation by Deutsche Bank or any other issuer or entity for the purchase or sale of any securities nor does it constitute a solicitation to any person in any jurisdiction where solicitation would be unlawful. No part of this notice may be copied or reproduced in any way without the prior written consent of Deutsche Bank. Past results are not an indication of future performance. Copyright© July 2020 Deutsche Bank AG. All rights reserved.

Contacts

Deutsche Bank AG

Press & Media Relations

Maryanne Caruso

Phone: +1 212 250-2186

E-Mail: Maryanne.caruso@db.com